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Our loan has been approved for a couple weeks..or so I thought! Now our lender is coming back saying that we are at 44%debt to income and we need to be at 41% because of my commission income it threw everything off. ...
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It's easy to understand why seller finance deals are hard to find. Interest rates are crazy low, and most sellers don't want to carry paper. However, I know that these deals are still out there. I believe wholesalers ...
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Hi all, thanks for reading! New to BP my name is Danny and wanted to get some suggestions on the best strategy as I look to purchase my next home.
Got my real estate license in ‘22 but never hung it as I don’t intend...
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From my understanding, mortgages are considered riskier investments than most other loans because the borrowers can repay early with little to no extra cost. If I hold a 6% bond and the rate on new issues drops to 3%...
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Hello! So I finally finished our property wide portfolio analysis. Here's an example of the 2022 KPIs I'm measuring for a few of the properties in the portfolio. A couple important notes on calculations and definition...
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What's the 30 year term mortgage we could get with 20%-25% down with no fees?
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Sorry if this is the wrong forum section. I was just pre-approved for an FHA loan for my first house hack. I have been in school for the last four years and thought that my high student debt (100k+) and low incom...
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I’m an engineer (full time, W2) and a real estate agent on the side (Schedule C). I have 20 rental properties (Schedule E) that currently carry a passive loss of 300k. I am purchasing another rental property and will...
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Wanted to share with everyone the results of my mailing campaign that I had in Edina MNWe sent 3000 letters to sf property owners stating the following:Hello, we are a local builder that just bought a property at 5841...
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I wanted to start investing in multi-unit properties(5+), and before I jump in, I need to understand the basic math behind this type of investment.I want to try with classic strategy of buying a value-add property, wh...